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Bitcoin Historical Fibonacci Pattern #cryptocurrency #web3 #defi
Bitcoin
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Bitcoin Historical Fibonacci Pattern #cryptocurrency #web3 #defi
By cryptoblockmeta
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May 26, 2022
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May 26, 2022
Bitcoin Historical Fibonacci Pattern
1. April high - 76.39 Fib level (Resistance).
2. July low - 26.31 Fib level (Support).
3. Aug & Sept - 50 Fib level (Resistance).
4. October - 50 Fib level (Support).
History doesn't always repeat itself but it does often rhyme.
Bitcoin painting 9 consecutive negative red weeks.
The first cryptocurrency (Bitcoin) currently oversold...
Looking at the most recent price action, BTC has been in a range of $28,000-$30,000.
Not a financial advise, I suggest using this only as a guide - Do your own research.
If you have any questions, kindly write in comments below - I will answer them.
Kindly support this idea with your like and comment, thank you.
Chart Patterns
Fundamental Analysis
Trend Analysis
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